302/5-9 Studley Park Road, Kew, VIC 3101

$200,000

1

BED

1

BATH

Calling all investors! 9% Yield!!

Centrally located in the heart of Kew, this investment opportunity offers an attractive return of $352 per week, $1,531.46 per month, $18,377.52 per year. Providing an astute investor with the perfect set and forget investment it is securely leased to long term tenants, Quality Suites.

This large studio apartment features a modern bathroom and kitchenette. Positioned right at Kew Junction, you will be spoilt with many shopping and restaurant options just across the road. There is a bus and tram stop right outside the apartment which takes you into a numerous of places such as directly into Melbourne CBD, St Kilda, Doncaster Shoppingtown just to name a few.

There are numerous prestigious private schools all within walking distance, including Xavier College, Trinity Grammar and Methodist Ladies College. A short stroll brings you to the famous Studley Park and the Yarra River where you can explore on one of the many walking tracks, go for a boat ride on the river and even stop by for a coffee at the iconic Studley Park Boathouse.